SPY: ONE MORE GAP TO FILLThe gap from October 2021 between 436 and 438 has not been filled yet.
Will the market ignore this gap and go back up or are we going to fill it?
If we fill it, is that the end of the correction?
Lots of questions remain...
Gapfill
More red coming!Most of the time, Tesla fills its gaps, as seen in some examples by the blue rectangles. There are two gaps, as seen the orange ractangles. TSLA rejected the 50ema which is bearish. I think TESLA will fill its two gaps and find some support at the 200MA and the support line. This is a technical analysis only
$DIS - Bear Flag Forming, Large Gap BelowWith the recent weakness in the markets, $DIS has formed quite the large bear flag.
If this breaks to the downside, that gap left at $128 is quite a long ways away...
QQQ Failed 375 - 360 AheadFailed at 375 early this week, Hit our 2nd target at 366.82 today. Still seeing 360.00 at bottom if trend continues. Have to wait for the charts to tell us otherwise. Going to present some good opportunities in the next week or so.
$SNAP - Approaching the Disastrous GapThe $SNAP chart looks horrifying. It's quickly approaching the downside gap, which is nearly 20% wide.
Based on overnight futures action, this is a prime short candidate leading into tomorrow.
14/01/2022 Gapfilling trade if breakout#banknifty if gives breakout on 14th January 2022 then we will get to see 400 points negative rally towards #Gapfilling.
DocuSign: Significant breakdown confirms long term reversalDocuSign - Short Term - We look to Sell at 220 (stop at 245)
The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing. We have a Gap open at 227 from 03/12 to 06/12. Further downside is expected although we prefer to sell into rallies close to the 220 level. The reaction lower is negative and highlights a clear reversal. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 140 and 105
Resistance : 180 / 227 / 290
Support : 135 / 105 / 65
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$MSFT Gap Filled, Back to UpsideWhile price did break through the level of support from previous lows we were able to fill the gap from the previous run up
Ford pullback idea SHORTFord pullback to trendline for potential gap fill with overbought RSI. NYSE:F
ACRS - short ideaThis is the third time the stock is trying to break down the major support and to close the gap down
Looking at MAs and indicators, the stock is weak enough to consider to go short
Target is at 7.00 area
Bearish penant TSLA price action possibly filling previous days TSLA created bearish penant on the 15 minute timeframe.
Possibly filling gap created in previous day up to $1080
Short sentiment TP @ $1094
Stop loss @ $1155
$AFRM - Reversion to Trendline SupportHigh chance $AFRM falls down to the trendline support over the coming days, maybe even lower as it looks to fill the gap.
Take note of the volume shelf underneath! Once the bleeding stops I'm willing to bet we stop around 65 or 70 allowing us to load a long position into earnings!
Next resistance to break after Ethereum ETH closed CME gap...Next resistance to break after Ethereum ETH closed CME gap...
... FIB golden pocket combined with some volume resistance from the last hourly high.
But the CME gap close looked textbook.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
$FCEL gap reversal trade game plan $FCEL gap down cause of bad Q4 earnings, now is heading towards a high valued price at 4.47$, be ready for huge buying pressure if we visited this area .
$DOCU - Coiling Under the GapThis ticker has the potential to make an extremely explosive move over the coming weeks. Price is slowly and steadily increasing while also tightening, meaning we're due for a move.
I'm biased to play this name towards the downside, but the volume gap above CANNOT be ignored. A break of 164 can aggressively send us upwards for the gap fill, resulting in some INSANE profits.
Will keep this one on the watchlist, and will let price dictate how I play it.
Gap in ESI don't know how to build the same chart as I have in tradovate.
but you can see this 4672 area is now the top of the gap with 4644 as the bottom.
more short squeezes we could see the 4700 again.
4672 fails, back to balanced distribution.
TSLA - stars are aligned for a sustainable reboundI guess we can say that Elon's offloading 10% of his shares was in great part responsible for TSLA's plunge of nearly 29% in the recent weeks and it doesn't help that US markets have also been correcting during this period.
There are now a confluence of technical factors on Telsa' chart that gave conviction to Telsa's rebound yesterday:
Telsa finally hit into a strong support zone around 890-900 on Monday before staging a rebound on Tuesday. I suspect the worst is over for now.
How is this a strong support zone (890-900 region)? Due to a confluence of :
1. a horizontal "ressistence" turned support at 895
2. gap close at 900
3. 50% fibonacci retracement of the BC swing up
4. 100% of the AB retracement projected onto C
Incidentally it appears that Elon is also about done offloading his 10% and the US indices also staged a rebound. With so much aligned, I guess Telsa is looking brighter again in the coming days. :)
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
CHGG going for the gap fill!!!Might be a slow climb, but we are pushing up through resistance after resistance with volume picking up. Keep an eye on these levels!!!
Qcom Short to fill in the gap the thesis is that the stock is consolidating after a hard sell off in the previous gap and will continue to dip into the next gap. Simple, i also am bias because i think the money has left tech stocks. Please comment opinions down below to save me from my choices lol
TSLA into Dec OPEX with 38% of gamma expiring FridayTesla $TSLA has 38.25% of gamma expiring this Friday
Breach of 908/900 would fill gap lower to 895. Previous upside nine from Jan 885 could act as support. 875 is a previous upside nine on the daily from Oct 18, bottom of that range is 850/843 and lower Fib support is near 815. MACD / RSI currently over sold with ATR expanding after selling volume came in after recent ath print. It is worth noting that major players, institutions and commercial traders are avoiding the over head risk of Elon Musk selling shares. We would want to see bulls hold these support levels and then we could focus on upside resistance as key levels to break.
Depending on repositioning in the market post Dec OPEX we could see the stock reverse or continue the price downgrade cycle. With interest rates expected to hike + EV names being generally expensive in the market, anything can happen. It is best to size light and play Tesla with profits, always expect 0 if trading weeklies and try to enter at key levels. Best of luck trading!
When the stock doesn't hold the level containing the largest OI (1000 strike) You see dealers start to offload shares as the otm calls become less risk to them.
AMC -- The Road Up Goes Down, Part 3So, where are we headed? Well, the descending wedge that has formed points to the 8.392 fib @ $13.74. However, I do not see us playing out the entire wedge. That gold box seems like a reasonable zone to aim at, and I wouldn't be surprised to see a touch of $16.95 to satisfy the gap that remains from the June run, but at a minimum the golden zone sits just above the tip of the descending wedge.
I can imagine a scenario where such a move ignites volume, wakes up a latent demand zone which will look like a long wick on a daily candle when all is said and done.
$UPST - Gap Fill SuccessfulOver the past couple of days, $UPST has regressed heavily and filled the gap it made back in August.
With Fed meetings over, and the newly bullish momentum in the markets, this name is primed to make a hefty reversal.
We have a small handful of resistances overhead, but I'm confident we'll be able to surpass them given enough bullish volume .
If we run hot enough, we even have a huge gap to fill above 270! I'll be keeping a close eye on this one heading into the new year.
ONG swingtrading swing support Supply Zone gap gapfill reversal bottom
TSLA Shorting Waiting for filling the gap, once it will be filled, i am putting an short position.
NOT FINANCIAL ADVICE, ONLY FOR EDUCATIONAL PURPOSES
